HEXT
HEXT is a Texas oil lease in Hemphill County, Railroad Commission district 10, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2009 to August 2026, totalling 155,497 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $710K, with roughly $117K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 126 barrels a month. Its strongest month on the record we hold was July 2016, at 806 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about HEXT
- Who operates HEXT?
- HEXT is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is HEXT?
- HEXT is a Texas oil lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08026.
- Is HEXT still producing?
- HEXT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HEXT is August 2026.
- How much has HEXT produced?
- HEXT has reported 155,497 barrels of oil (bbl) to the Railroad Commission of Texas between April 2009 and August 2026, from 1 wellbore.
- How much is HEXT worth?
- The remaining production from HEXT is estimated to be worth about $710K in total as of 26 August 2026, within a range of $554K to $866K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HEXT is a fraction of it. The estimate fits an Arps decline curve to the production HEXT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HEXT is an estimate of value, not an offer and not an appraisal.
- How much income does HEXT generate in a year?
- HEXT is forecast to net about $117K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HEXT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Sparks (Tonkawa) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 08026 |
| Wellbores | 1 |
| Reported production | 155,497 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $710K |
Where HEXT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.